hourly high from 12 pm breached.
Previous day low rejected, but midpoint holding up fine.
Everyone is looking for a bounce from the majors – they are not likely getting that.
1-2-3 sell breaking midpoint + VWAP
The only thing left making this a very good day – tagging 72 =)
DX downside breakout failed, and moving up nice now. Conveniently off of ES DMA and NQ ORL. DX looking like it’s ready to break out of the trading range.
Obviously people are hoping for an intervention type rally like yesterday.
Fed’s power is amazing. Just its minute can mess with people this much.
EURUSD has a target within 100 pips to the downside, a flush there will complete this move.
GBPUSD is almost landing at my target already.
Just ES being pinned here – speechless.
Below ORL and DX moving like a banchee. Perhaps FED is aware of sell stop locations? Im picturing a quick run to 72 here if we don’t bounce.
The reason for the selloff in ES came from currencies.
As EUR and GBP are hitting their targets, we are running out of reasons to tag 72.
As usual, ES is the only one giving me a headache =D
tight range day too